The TSM protocol for climate change establishes key indicators that help mining companies measure and manage their climate impact effectively.
KPI 1: Greenhouse Gas Emissions Management
Measures the effectiveness of GHG monitoring and reduction systems, including emissions inventory, reduction targets, and progress achieved.
KPI 2: Climate Change Adaptation
Assesses the organization's ability to identify climate risks and implement adaptation strategies to protect operations and communities.
KPI 3: Climate Reporting and Disclosure
Measures the transparency and quality of climate-related information disclosure, aligned with frameworks such as TCFD.
Practical Implementation
Effective implementation of these KPIs requires an integrated approach involving all areas of the organization. Data Riders can help your company develop and implement a robust climate management system.